Passaic County  »  07505  »  Market St  »  124-126 Market St

124-126 Market Street, Paterson, NJ 07505 - Property report

Also known as: 124-126 Market St

Property image for 124-126 Market Street, Paterson, NJ 07505
static Mapbox map

Property type

Warehouse (SCILSI)

Acreage

0.132

Sale price

$1

General information

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Address
Primary address
124-126 Market Street
ZIP code
07505
County
Passaic
Block
6201
Lot
4
Neighborhood
Downtown Paterson
Municipality
1608
Qualifier
Parcel ID
6201-4

Owner

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Sales
Sale date
08/09/2022
Sale price
$1
Arm's length
Tax
Tax year
2026
Current property tax
$165,518
Building
Property type
Warehouse
Building sq. ft.
28,872
Exterior structural material
Lot
Acreage
0.132
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
64 /100.  Good Transit
Bike score
39 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 124-126 Market Street, Paterson, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 124-126 Market Street, Paterson, NJ 07505

Sale date Sale price Buyer name Seller name
08/09/2022 $1 XXXX XXXXXXXX XXX XXXXXX XXXXXX XXXXXXXX XXX
09/05/2008 $2,850,000

*Most recent sales on record for this property.

More about Passaic County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
01/04/2023 - R
08/09/2022 - D
Deed and Realty Tax Fees XXXXXX XXXXXX XXXXXXXX XXX XXXX XXXXXXXX XXX
09/05/2008 - D Deed and Realty Tax Fees
11/19/1996 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 124-126 Market Street, Paterson, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Property tax
$165,518
Recent tax assessments
Market value
$3,102,500
Land value
$667,000
Building value
$2,435,500

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $1,650,000 $1,650,000 5.335 $88,028 -13.61%
2024 $2,000,000 $2,000,000 5.095 $101,900 +3.92%
2023 $2,000,000 $2,000,000 4.903 $98,060 +5.62%
2022 $2,000,000 $2,000,000 4.642 $92,840 -6.78%
2021 $2,225,000 $2,225,000 4.476 $99,591 +7.21%
2020 $2,225,000 $2,225,000 4.175 $92,894 +0.99%
2019 $2,225,000 $2,225,000 4.134 $91,982 -22.46%
2018 $2,742,100 $2,742,100 4.326 $118,623 +10.11%
2017 $2,589,800 $2,589,800 4.16 $107,736 -4.13%
2016 $2,589,800 $2,589,800 4.339 $112,371 +5.62%

Permit information for 124-126 Market Street, Paterson, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
4,691
Median age
38.2
Average household income
$48,168
Family households
53.7%
People per household (average)
2.47
Occupied housing units
1,649
Owner-occupied units
1.1%
Median year structure built
1954

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 124-126 Market Street, Paterson, NJ 07505 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the market value of 124-126 Market Street, Paterson, NJ 07505?

The current market value of 124-126 Market Street, Paterson, NJ 07505 is $3,102,500.

What is the total square footage of 124-126 Market Street, Paterson, NJ 07505?

124-126 Market Street, Paterson, NJ 07505 has a total of 28,872 square feet.

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